GCMAsia - GBPUSD

GBPUSD
2018-10-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.2860 | H1 |
| Support | 1.2810 | H1 |

GBPUSD, H1: GBPUSD was traded lower while currently testing at the support level of 1.2810. However, MACD which illustrate the imminent formation of golden cross suggests the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2860, 1.2910
Support level: 1.2810, 1.2755